(Boursier.com) — CBI successfully carried out a capital increase with maintenance of preferential subscription rights (DPS) for new shares accompanied by share subscription warrants. The gross amount of the ABSA issue is 4,891,749.60 euros, an amount increased to a maximum of 7,745,270.20 euros in the event of the full exercise of the BSA.
It is specified that subscriptions, for a cumulative amount of 988,870.80 euros, were made under a subscription guarantee entered into by CBI during the operation on 25% of the operation and were subject to a remuneration of 8%.
This offer did not give rise to the establishment of a prospectus subject to the approval of the Autorité des Marchés Financiers (AMF).
For Frédéric Chesnais, Chairman and CEO and Founder of CBI: “This fundraising will allow us to accelerate the development of our core business, AlphaVerse in the world of football with leading partners. We thank all the shareholders, existing as well as those who join us, for their contribution to the advancement of AlphaVerse whose season 2 will be open soon.”
The operation was carried out by issuing 6,114,687 ABSAs at a unit price of 0.80 euro, each comprising one new share and one share subscription warrant. Each New Share issued will be attached to a subscription warrant (BSA) with the following characteristics:
– 3 warrants allow the subscription of an ordinary share at a unit exercise price of 1.40 euro, until March 31, 2024;
– the BSAs will be admitted to trading on Euronext Growth on February 9, 2023 under the ISIN code FR001400D0X2.
This fundraiser will allow:
– to accelerate the development of AlphaVerse, the open and connected metaverse based on the CBI blockchain. Thanks to its Hub, the central location of AlphaVerse, presented in September 2022 after more than a year of development, AlphaVerse combines many different universes, each offering a different experience. Developed by CBI under revenue-sharing club licenses, the worlds are based on a Free-to-Play model. Each world reproduces the club’s stadium in 3D, at the heart of a digital world dedicated to the club with, for example, a museum, giant screens allowing the club to broadcast exclusive content, numerous mini-games for everyone and shops virtual. Every seat in these digital stadiums is an NFT that offers real-life benefits. Holders can post a photo or message, participate in exclusive games, win shirts, tickets to club matches and many other prizes. CBI offers these partner football clubs leading access to Web3 and intends to offer each supporter a unique online experience.
This allocation should represent 65% of the proceeds of the issue;
– to seize opportunities for the development of new games in partnership with external studios and/or to carry out targeted acquisitions of companies in the blockchain or capable of developing there.
This allocation should represent approximately 20% of the proceeds of the issue;
-to constitute a reserve for future acquisitions in connection with the blockchain ecosystem and to finance the current activity of the company.
This allocation is expected to represent approximately 15% of the issue’s proceeds.
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